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- W1878453208 abstract "This paper investigates the relationship between industrial concentration and price rigidity in the Indonesian food and beverages industry. A Cournot model of firm behavior is used in which prices adjust according to a partial adjustment mechanism. The model is applied to panel data of the Indonesian food and beverages industry over the period 1995–2006. The results suggest that industrial concentration has a positive effect on percentage price changes. Furthermore, the speed of price adjustment is higher when the per unit cost of production rises." @default.
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- W1878453208 date "2015-03-01" @default.
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- W1878453208 title "Price Rigidity and Industrial Concentration: Evidence from the Indonesian Food and Beverages Industry" @default.
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- W1878453208 doi "https://doi.org/10.1111/asej.12047" @default.
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